Thanks for that.
Unfortunately the A$ gold price averaged above A$2,650 in April when RMS sold heavily into their hedge and now that they should be selling at the spot gold price it's approximately $200 lower.
Lol they just can't seem to win with their hedging strategy.
Jim.
RMS Chart, page-25
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Last
$2.11 |
Change
-0.030(1.40%) |
Mkt cap ! $2.428B | |||
| Open | High | Low | Value | Volume |
| $2.13 | $2.15 | $2.09 | $1.775M | 838.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 66994 | $2.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.11 | 36800 | 42 |
View Market Depth
| Last trade - 15.46pm 07/10/2024 (20 minute delay) ? |
| RMS (ASX) Chart |